Bitcoin Options Market Signals Fading Upside as $80,000-$90,000 Looms as Hurdle

Forecast Trend Report by Period

Bitcoin climbed sharply this week, but the options market is showing weaker expectations for further gains and future volatility.

Adam, a researcher at crypto options analytics firm Greeks.live, wrote on X on August 31 that expectations among major options investors have fallen noticeably as the pace of the market's advance slows.

Implied volatility, or IV, for short- and medium-term options has dropped quickly from recent highs and is now only about 10% above levels from two weeks ago, he said. For medium- and long-term options, the increase over the same period has narrowed to less than 2%, signaling lower expectations for future volatility.

He also said about 40% of options expiring at month-end are concentrated in the $80,000 to $90,000 range. That price band has also accumulated heavy trading volume, which could create pressure on any upside breakout.